Two companies included in the BSE Smallcap Index may announce dividends for their investors within the next 10 days. Both the companies have informed the stock market about this. In the information sent to the stock market, specialty chemicals company Vidhi Specialty and IT service company R Systems International said that their board meeting is proposed in which the dividend proposal will also be considered. In Monday's trading, the shares of both the companies have seen a decline. The stock of Vidhi Specialty closed down by about half a percent, while the stock of R Systems International fell by more than 2 percent.
What information have the companies given? Vidhi Specialty has said in the information sent to the stock market that the board meeting is proposed to be held on November 11, 2024. In this meeting, the board will consider the proposal for the second interim dividend for the financial year 2024-25 and will announce it if approved. The company said that if the dividend is announced, then 20 November 2024 will be the record date for it. The company will also release its quarterly results on November 11 itself. The company's stock closed at 471.95 with a decline of half a percent on Monday. At the same time, R Systems said in the information sent to the stock market that its board meeting is to be held on Friday, November 8. According to the company, in this meeting, the second interim dividend for the financial year ending on December 31, 2024 will be considered for the investors. According to the company, if the board approves the decision of dividend, then Tuesday 19 November 2024 will be the record date for payment of dividend. In Monday's trade, the company's stock closed at 482.55 on BSE with a decline of 2.19 percent.
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